Hotel
Limassol, Germasoyia
€9,500,000
€3,075/m2
Overview
Reference 22195
Floors: 3
Year of Construction: 1987
Year of Renovation: 2009
Furnished: Fully Furnished
Parking Spaces: 36
Title Deed: Yes
Covered:3089m²
Plot:3537m²
The Hotel is located in Germasogia one of the most popular tourist areas in Limassol. Located only 300m from the beach and approximately 500m from the highway, its position makes it a great investment for anyone who understands its value.
The property was built in 1987 and renovated in 2009 and 2020.
Furthermore, the building has total covered areas of 3,089m² and plot area of 3,537m².
It consists of 25 shops on the ground floor and 36 rooms on the first and second floor. The building offers 11 Studios and 25 one-bedroom and two-bedroom apartments. Most of the apartments have a sea view and there is an option of constructing verandas for the remainder apartments who do not have one. All bedrooms are en – suite and fully equipped with a kitchen and living room. The building has 2 elevators and 36 parking spaces with option to add an additional 24 spaces. The first floor there is an empty space for a restaurant and the second floor has space for an indoor swimming pool/cafe/seating area.
Additionally, the building benefits with a 90% coverage up to 8 floors.
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